CDC opens tax desk to advise foreign firms
CDC opens tax desk to advise foreign firms
The Council for the Development of Cambodia (CDC) established a tax desk at their offices that will be staffed by employees from the General Department of Taxation, in hopes of easing the burden of registration for foreign companies.
The CDC announced the move in a Facebook post yesterday, noting, “Investors can get tax registration services every Wednesday from 8:00am to 4:45pm.” Clint O’Connell, head of the tax practice for foreign investment advisory and tax firm DFDL Cambodia, said yesterday the move would “be quite useful” for foreign companies, but also noted it wouldn’t solve all the problems foreign companies face when registering.
“At this stage we believe that the chairperson may still required to travel to the National Tax School . . . to get their photo taken and fingerprints scanned,” he said.
